Rotork (LON:ROR) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of Rotork plc (LON:ROR) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 326.41 ($4.05) and traded as high as GBX 342 ($4.24). Rotork shares last traded at GBX 333.80 ($4.14), with a volume of 1,381,713 shares changing hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 390 ($4.84) price target on shares of Rotork in a research report on Thursday, January 23rd.

Rotork Stock Down 1.8 %

The stock has a 50-day moving average of GBX 324.88 and a 200 day moving average of GBX 326.41. The company has a market capitalization of £2.84 billion, a PE ratio of 2,384.29, a P/E/G ratio of 2.48 and a beta of 0.96. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 1.96.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety.